Computer Science > Distributed, Parallel, and Cluster Computing

Title:Smart contracts that are smart and can function as legal contracts - A Review of Semantic Blockchain and Distributed Ledger Technologies

Abstract: Blockchain and Distributed ledger Technologies are increasingly becoming key
enablers for vital innovation in financial services, manufacturing, government
and other industries. One of the biggest challenges though is the level of
support for semantics by most of the Block Chain and Distributed Ledger
technologies. This paper reviews and categorises common block chain and DLT
approaches and introduces a new approach to Blockchain / DLT promising to
resolve the semantic problems inherent in other Blockchain / DLT approaches